Approving, in substantial form, a subordination agreement attached to this resolution as exhibit “1”…

A resolution of the mayor and city commission of the city of miami beach florida, approving, in substantial form, a subordination agreement attached to this resolution as exhibit “1” relating to the city’s interest in an easement located within the mount sinai medical center property, having an easement area of approximately 1,291 square feet, pursuant to that certain utility easement agreement from mount sinai medical center of florida, INC. To the city, recorded in official records book 32516, page 1906, of the public records of miami-dade county, florida; said subordination agreement granting the florida department of transportation (FDOT) a superior interest in the use of approximately 163 square feet of the easement area (subordinate easement area) in the event of a conflict between the city and FDOT facilities; said subordinate easement area described as parcel 803.9, located within the mount sinai medical center property, in a portion of lot 41, block 1, of nautilus subdivision of the miami beach bay shore co. Miami beach, fla, according to the plat thereof, as recorded in plat book 8, page 95, of the public records of miami-dade county, florida, lying in section 22, township 53 south, range 42 east, as more particularly described in the subordination agreement, to be used by FDOT for the purpose of installing and maintaining part of a channelization island; and further authorizing the city manager to finalize and execute the subordination agreement. Public works